The market data from 3 similar recent sales in 78734 points to a value of approximately $976,245. To sell within a reasonable timeframe at fair market value, the $1,409,000 to $1,475,000 range is where I'd position this. Among the similar homes currently available in 78734, this price point stands out as competitive. Being 252 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78734, ranging from $1,650,000 to $3,750,000. In 78734, home values have fallen approximately 10.4% over the past 6 months. One of the strongest data points is 3717 Eck LN, Austin TX 78734, adjusting to $1,030,895; with a pool. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
